Is FXAIX a good investment now?
Is FXAIX a Buy, Sell or Hold? Fidelity 500 Index Fund has a conensus rating of Moderate Buy which is based on 395 buy ratings, 104 hold ratings and 7 sell ratings.
With a 0.015% expense ratio, it's the cheapest on our list. And it doesn't have a minimum initial investment requirement, sales loads or trading fees. Over the last 10 years, FXAIX has returned an annualized 12.02%. The S&P 500 index's return is 11.8% during that period.
FXAIX Fund Profile
The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies.
| Fund (ticker) | 5-year annual returns | Expense ratio |
|---|---|---|
| iShares Core S&P 500 ETF (IVV) | 14.5% | 0.03% |
| Schwab S&P 500 Index (SWPPX) | 14.5% | 0.02% |
| Vanguard 500 Index Fund (VFIAX) | 14.5% | 0.04% |
| Fidelity 500 index fund (FXAIX) | 14.5% | 0.015% |
SPY - Performance Comparison. The year-to-date returns for both stocks are quite close, with FXAIX having a 5.49% return and SPY slightly lower at 5.46%. Both investments have delivered pretty close results over the past 10 years, with FXAIX having a 12.56% annualized return and SPY not far behind at 12.40%.
Based on 506 Wall Street analysts offering 12 month price targets to Fidelity 500 Index Fund holdings in the last 3 months. The average price target is $200.53 with a high forecast of $236.00 and a low forecast of $163.70. The average price target represents a 13.86% change from the last price of $176.13.
Fidelity 500 Index (FXAIX): Best large-cap 401(k) investment. Vanguard Mid-Cap Index Institutional (VMCIX): Best mid-cap 401(k) investment. Vanguard S&P Small-Cap 600 Index (VSMSX): Best small-cap 401(k) Investment.
The index covers about 80% of the investable market capitalization of the U.S. equity market. The S&P 500 has been widely touted by many experts as a good addition to retirement portfolios because it is broadly diversified across all sectors. It can also withstand volatility because it is not focused on one industry.
Returns. This fund scores Above Average because it delivered returns that were in the top 22.5% when compared to other funds within its Morningstar category.
FXAIX pays dividends quarterly. Last paid amount was $0.702 at Dec 15, 2023.
Which index will perform best in 2024?
- Fidelity Series Large Cap Growth Index Fund (FHOFX) ...
- Fidelity Large Cap Growth Index Fund (FSPGX) ...
- Schwab U.S. Large-Cap Growth Index Fund (SWLGX) ...
- Fidelity U.S. Sustainability Index Fund (FITLX) ...
- Fidelity 500 Index Fund (FXAIX) ...
- Schwab S&P 500 Index Fund (SWPPX)
The Fidelity Cash Fund is one of the four funds selected by Fidelity's Investment Director Tom Stevenson as his picks of 2024. The Fidelity Global Technology Fund was the most popular actively managed equity fund over the quarter, ranking third for SIPP purchases and fifth for ISAs.
ICICI Prudential Nifty 50 Index Fund-Growth is among India's top 10 index funds. It falls within the Large Cap Index category. Over the past year, ICICI Prudential Nifty 50 Index Fund-Growth has returned 15.09 percent. Since its inception, it has delivered an average annual return of 14.74 percent.
| Ex-Date | Record Date | Frequency |
|---|---|---|
| Oct 07, 2022 | Oct 07, 2022 | Quarterly |
| Jul 01, 2022 | Jul 01, 2022 | Quarterly |
| Apr 08, 2022 | Apr 08, 2022 | Quarterly |
| Dec 09, 2021 | Dec 09, 2021 | Quarterly |
| Return Type | 1 Yr | 10 Yrs |
|---|---|---|
| FUND Fidelity® 500 Index Fund | 29.87% | 12.95% |
| PRIMARY BENCHMARK S&P 500 Close Popover | 29.88% | 12.96% |
| MORNINGSTAR CATEGORY AVERAGE Large Blend Close Popover | 27.24% | 11.45% |
| AFTER TAXES ON DISTRIBUTIONS Close Popover |
VOO - Expense Ratio Comparison. FXAIX has a 0.02% expense ratio, which is lower than VOO's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
| Company | Symbol | Total Net Assets |
|---|---|---|
| NVIDIA Corp. | NVDA | 3.72% |
| Amazon.com Inc. | AMZN | 3.46% |
| Meta Platforms Inc. | META | 2.12% |
| Alphabet Inc. Cl A | GOOGL | 2.03% |
Lowest Cost S&P 500 Index Fund: Fidelity 500 Index Fund (FXAIX)
Performance Comparison of FXAIX vs. VTI. The total return performance including dividends is crucial to consider when analyzing different investment funds. As of 1/15/2024, FXAIX has a one year annualized return of 26.29%, while VTI has a five year annualized return of 26.03%.
| Fund | Expense Ratio | 10-year average annual return |
|---|---|---|
| Fidelity Nasdaq Composite Index Fund (FNCMX) | 0.29% | 15.7% |
| Fidelity Growth Discovery Fund (FDSVX) | 0.67% | 15.8% |
| Vanguard Growth Index Fund (VIGAX) | 0.05% | 14.7% |
| Fidelity 500 Index Fund (FXAIX) | 0.015% | 13% |
What should a 50 year old invest in?
Your money should be further diversified across asset classes within the stocks and bonds portions of your portfolio. For equities, that means having exposure to large, small and mid-size companies, established and emerging international markets, and real estate.
| Mutual Fund | Assets | Fees |
|---|---|---|
| American Funds Growth Fund of America (AGTHX) | $252 billion | 0.63% |
| Fidelity Select Technology Portfolio (FSPTX) | $13 billion | 0.70% |
| JPMorgan Equity Premium Income Fund (JEPAX) | $6 billion | 0.85% |
| Vanguard Dividend Appreciation Index Fund (VDADX) | $14 billion | 0.08% |
This fund scores Above Average because it delivered returns that were in the top 22.5% when compared to other funds within its Morningstar category.
This fund is closed to new investors.
Is Fidelity a safe company to invest with? Yes, Fidelity is one of the safest brokerages to invest with. It's an industry leader with a stellar reputation and fully regulated in the U.S. with the SEC and FINRA, is trusted by over 43 million people and holds over $11.5 trillion in assets under administration.
